Hanseatic Merchants and the
Procurement of Palm Oil and Rubber
for Wilhelmine Germany’s New
Industries, 1850–1918
SAMUEL ELEAZAR WENDT
Faculty of Social and Cultural Sciences, Europa-Universität Viadrina,
Große Scharrnstraße 59, 15230 Frankfurt (Oder), Germany.
Email: euv45218@europa-uni.de
This article analyses the reorientation of Hanseatic merchants’ involvement in world
trade during the second half of the nineteenth and first decades of the twentieth
centuries. This shift was influenced by the independence of former British and Iberian
colonies in the Americas, which caused the implosion of colonial trade monopolies.
The abolition of the Trans-Atlantic Slave Trade, and the Scramble for Africa also
allowed German commerce to obtain more direct access to markets in and raw
materials from tropical regions. An examination of the commodity chains of rubber
and palm oil/kernels reveals the great influence of Hanseatic merchant families
(e.g. O’Swald, Schramm or Woermann) on determining and shaping the terms by
which African and South American regions became incorporated into the emerging
world economy.
In 1909, the Colonial Economic Committee, one of the leading colonial societies in
Wilhelmine Germany, published a report entitled Unsere Kolonialwirtschaft in ihrer
Bedeutung für Industrie und Arbeiterschaft. The report aimed to inform its readers
about the significant increase in trade with the colonies and the importance of tropical
raw materials for industrial manufacture, highlighting the economic interdependence
between colonial trade and domestic labour conditions. The seven chapters following
the introduction deal with the most important raw materials and are arranged in
descending order of importance, thus reflecting the significance of each commodity
for Wilhelmine industry, its economy and trade. The first chapter is dedicated to
cotton. During the nineteenth century, cotton fabrics became more accessible to
broader consumer groups, following the mechanisation of production processes,
cotton spinning and weaving. Soon after the unification of Germany in 1871, the
European Review, Vol. 26, No. 3, 430–440 © 2018 Academia Europæa
doi:10.1017/S1062798718000121